Strong first half for Vivendi Environnement
- From: Vol 1, Issue 10 (October 2000)
- Category: Companies
- Region: Unspecified
- Country: Switzerland
- Related Companies: Hyundai, Novartis, Sogea, Superior Services, US Filter and Veolia Environnement (formerly Vivendi Environnement)
THE NEW WATER SERVICES, ENERGY AND PROPERTY subsidiary of Vivendi, Vivendi Environnement, has posted first half 2000 net group profits of €105 million on sales up 38.6% at €12.5 billion. Operating profits in the reporting period went up 38% to over €860 million.
Comparison with first half 1999 is difficult because the company structure has changed significantly. First half 2000 figures reflect in full the acquisitions of US Filter, Superior Services and Onyx North America.
Business achieved outside France by VE now accounts for 57.6% of the total compared with 47.9% earlier.
Sales in the water sector reached €6.04 billion ...
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